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Molson Coors Beverage Company (TAP) |
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Price: $53.9700
$-1.07 
-1.944%
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| Day's High:
| $54.545
| Week Perf:
| -4.19 %
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| Day's Low: |
$ 53.53 |
30 Day Perf: |
-3.52 % |
| Volume (M): |
1,939 |
52 Wk High: |
$ 69.18 |
| Volume (M$): |
$ 104,664 |
52 Wk Avg: |
$58.46 |
| Open: |
$54.28 |
52 Wk Low: |
$49.19 |
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| Market Capitalization (Millions $) |
11,377 |
| Shares
Outstanding (Millions) |
211 |
| Employees |
16,500 |
| Revenues (TTM) (Millions $) |
6,860 |
| Net Income (TTM) (Millions $) |
1,172 |
| Cash Flow (TTM) (Millions $) |
686 |
| Capital Exp. (TTM) (Millions $) |
729 |
Molson Coors Beverage Company
Molson Coors Beverage Company is a global brewing company that operates in over 50 countries. They are known for their wide range of beer brands, including Molson Canadian, Coors Light, Blue Moon, and Miller Lite. The company has a strong presence in North America, Europe, and Asia, and has been in operation for over 230 years. They have a commitment to sustainability, focusing on reducing their environmental impact and promoting responsible drinking.
Company Address: P.O. Box 4030, BC555 Golden 80401 CO
Company Phone Number: 279-6565 Stock Exchange / Ticker: 0 TAP
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Customers Net Income fell by |
TAP's Customers Net Profit Margin fell to |
-12.16 % |
2.91 %
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| Stock Performances by Major Competitors |
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| Molson Coors Beverage Company
The Bearish Outlook on Molson Coors Beverage Company: A Deep Dive
Molson Coors Beverage Company (TAP) has recently reported a significant and seemingly impressive surge in earnings, with year-over-year earnings per share (EPS) climbing 29.3% to $2.03, and a staggering 109.28% increase from the preceding reporting period. Revenue, too, has grown by 5.047% year-over-year to $1.91 billion, prompting some analysts to herald the company's financial performance as a beacon of hope in a challenging alcoholic beverage market. However, a closer inspection of the broader context surrounding these figures reveals a troubling narrative that suggests far more caution is warranted.
Discrepancies in Industry Performance
While Molson Coors has seen some financial growth, it is crucial to juxtapose these numbers against the backdrop of the alcoholic beverages industry, which has experienced an overall contraction of -8.98% in top-line revenues. This significant downturn illustrates a major challenge for all players in the sector and raises serious questions about Molson Coors? ability to capitalize on market opportunities or to sustain its current growth trajectory.
Moreover, despite Molson Coors reporting a net income increase of 22.88% to $425.3 million, this gain stands in stark contrast to the industry trend. When we consider that many key competitors are grappling with significant revenue shrinkage, it begs the question: Is Molson Coors merely a survivor in a contracting market, or has it truly positioned itself for long-term growth?
Financial Metrics: A Closer Examination
The reported net margin improvement to 22.21% and operating margin increase to 31.31% are indeed noteworthy, but they come with caveats. Such margins can easily be affected by one-off items, cost-cutting measures, or even a temporary uptick in pricing power that is unsustainable in the face of increased competition and rising consumer preferences for craft and premium options. Furthermore, the rise in operating earnings of only 22.74% to $599.6 million reveals a troubling gap. Investors should carefully assess whether the operational improvements can maintain momentum, especially as the overall economic environment shifts and consumer preferences evolve.
Consistent Underperformance: A Concerning Trend
Despite the rosy surface of Molson Coors? financial metrics, the sobering truth is that the company's shares have been consistently underperforming the overall market. At a year-to-date decline of 2.1% and a staggering drop of 16.63% since January, Molson Coors has trailed the entire market, which has had a performance rate of 16.61% during the same period. This marks a significant red flag for investors, suggesting either a lack of confidence in the company's strategies or a fundamental misalignment with investor expectations.
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| Stocks on the Move
Published Wed, Jul 17 2024 11:24 AM UTC
In recent news, the shares of Molson Coors Beverage Company have been consistently underperforming the market, raising concerns among investors. Despite positive developments, including the stock?s rise on certain days and the company?s efforts to transform into a beverage company, Molson Coors has struggled to keep up with its competitors. This article will explore the even...
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| Stocks on the Move
Published Tue, Jul 16 2024 8:40 AM UTC
Molson Coors Beverage Co., a prominent player in the beverage industry, has seen its stock performance struggle against the broader market. Despite recent gains, the company's shares have consistently lagged behind market trends. With analysts offering mixed evaluations and concerns rising, investors are left wondering if Molson Coors will increase its dividend payout in the...
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| Stocks on the Move
Published Wed, Jul 10 2024 5:53 AM UTC
In recent news, Molson Coors Beverage Co. (TAP) has witnessed mixed trading sessions, with stock prices rising slightly by 0.36% to reach $50.16. This comes as the broader stock market experienced a modest increase, with the S&P 500 Index (SPX) rising by 0.10%. Despite this, the company's performance in the market has been somewhat underwhelming compared to its peers.One dev...
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| Molson Coors Beverage Company
Molson Coors Beverage Company recently announced significant updates regarding its Board of Directors, with the nomination of Jill Timm as an independent director effective December 16, 2023. Concurrently, Director Louis Vachon retired, bringing a fresh perspective to the company as it navigates through the challenges and opportunities in the dynamic beverage industry. However, the company's stock experienced a significant decline of -14.91% in May 2024, raising concerns about its future performance.
Jill Timm Enhances Board Dynamics
Jill Timm's nomination as an independent director represents a major development for Molson Coors. With her extensive experience in finance and corporate leadership, currently serving as the Chief Financial Officer at Kohl's, Timm brings valuable insights and expertise to the board. Her deep understanding of financial strategies and drive for sustainable growth will undoubtedly contribute to shaping Molson Coors' future trajectory.
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| Per Share |
Current |
| Earnings (TTM) |
5.46 $ |
| Revenues (TTM) |
32.54 $
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| Cash Flow (TTM) |
3.26 $ |
| Cash |
7.81 $
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| Book Value |
63.52 $
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| Dividend (TTM) |
1.7 $ |
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| Per Share |
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| Earnings (TTM) |
5.46 $
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| Revenues (TTM) |
32.54 $ |
| Cash Flow (TTM) |
3.26 $ |
| Cash |
7.81 $
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| Book Value |
63.52 $ |
| Dividend (TTM) |
1.7 $ |
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| Inter-net sales eliminations |
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 -0.21 % |
of total Revenue |
| Americas |
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79.2 % |
of total Revenue |
| EMEA&APAC |
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21.01 % |
of total Revenue |
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